EF Hutton Acquisition Corporation I
EFHTU
NASDAQ Global Market10.10
USD
-0.20
- -
CIK
0001922858
Return %
Stock
S&P500
1Y
-0.05
18.21
3Y
1.46
64.38
5Y
1.46
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- IPO Date
- Sep 9, 2022
- CIK
- 0001922858
- Similar Companies
- Business
- EF Hutton Acquisition Corporation I (NASDAQ: EFHTU) is a blank check company whose primary business is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, with a strategic focus on the consumer and retail industry. Formed in 2022 and headquartered in Hingham, Massachusetts, the company completed its initial public offering in September 2022, raising approximately $100 million in gross proceeds, and targeted opportunities leveraging its affiliation with EF Hutton, a middle-market investment bank. In December 2023, EF Hutton Acquisition Corporation I finalized a definitive business combination with Humble Imports, Inc. d/b/a ECD Auto Design, a leading provider of bespoke restomodded luxury vehicles including restored and modified Land Rover Defenders, Land Rover Series IIA, Range Rovers Classic, and Jaguar E-Types; the transaction, valued at a pro forma enterprise value of $330 million for ECD, was supported by a $15 million private investment in public equity financing via senior secured convertible notes and resulted in the combined entity listing on Nasdaq under the ticker ECDA. The merger provided ECD, founded in 2013 with headquarters in Kissimmee, Florida, access to public markets to fuel organic growth, product innovation, and consolidation in the fragmented restomod sector, where it operates a 100,000-square-foot "Rover Dome" facility employing skilled ASE-certified craftsmen and maintains a U.K. logistics center for sourcing vehicles. No further major acquisitions, partnerships, or strategic shifts have been reported for EF Hutton Acquisition Corporation I following the ECD transaction, with its units (EFHTU) noted as potentially delisted or inactive as of late 2025.